GENERAL MEETINGS: Outcome of Meeting
| IQ GROUP HOLDINGS BERHAD |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 29 Aug 2024 |
| Time | 02:30 PM |
| Venue(s) |
TIIH Online website at https://tiih.online provided by Tricor Investor & Issuing House Services Sdn Bhd in Malaysia |
| Outcome of Meeting | The Board of Directors of IQ Group Holdings Berhad ("the Company") is pleased to announce that all the Ordinary Resolutions as set out in the notice convening the Twenty-First Annual General Meeting ("21st AGM") dated 26 July 2024 were duly passed at the 21st AGM of the Company held today.
All the resolutions tabled were approved by way of voting on poll. The results of the poll were validated by Asia Securities Sdn Berhad, the Scrutineer appointed by the Company. The results of the poll of the 21st AGM is attached herewith.
This announcement is dated 29 August 2024. |
Voting Results |
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1. Ordinary Resolution 1 |
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| Description |
To re-elect Mr Daniel John Beasley who retires in accordance with Clause 76(3) of the Constitution of the Company, and who, being eligible, has offered himself for re-election. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 397 | 49 |
| No. of Shares | 58,284,286 | 51,409 |
| % of Voted Shares | 99.9119 | 0.0881 |
| Result | Accepted | |
2. Ordinary Resolution 2 |
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| Description |
To re-elect Mr Tan Boon Hoe who retires in accordance with Clause 76(3) of the Constitution of the Company, and who, being eligible, has offered himself for re-election. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 396 | 49 |
| No. of Shares | 58,324,185 | 51,409 |
| % of Voted Shares | 99.9119 | 0.0881 |
| Result | Accepted | |
3. Ordinary Resolution 3 |
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| Description |
To approve the payment of Directors' fees of up to an amount of RM490,000.00 for the financial year ending 31 March 2025. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 381 | 62 |
| No. of Shares | 202,829 | 65,715 |
| % of Voted Shares | 75.5291 | 24.4709 |
| Result | Accepted | |
4. Ordinary Resolution 4 |
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| Description |
To approve the payment of Directors' benefits in accordance with Section 230(1) of the Companies Act 2016 of up to an amount of RM320,000.00 from 29 August 2024 until the next AGM of the Company. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 381 | 60 |
| No. of Shares | 201,831 | 66,711 |
| % of Voted Shares | 75.1581 | 24.8419 |
| Result | Accepted | |
5. Ordinary Resolution 5 |
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| Description |
To re-appoint Deloitte PLT as Auditors of the Company and to authorise the Board of Directors to fix their remuneration. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 398 | 50 |
| No. of Shares | 58,325,185 | 50,610 |
| % of Voted Shares | 99.9133 | 0.0867 |
| Result | Accepted | |
6. Ordinary Resolution 6 |
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| Description |
Renewal of Share Buy-Back Authority. |
|
| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 397 | 49 |
| No. of Shares | 58,324,636 | 51,058 |
| % of Voted Shares | 99.9125 | 0.0875 |
| Result | Accepted | |
7. Ordinary Resolution 7 |
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| Description |
Renewal of Shareholders Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature. |
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| Shareholder’s Action | For Voting | |
| Voted | For | Against |
| No. of Shareholders | 389 | 53 |
| No. of Shares | 247,032 | 61,609 |
| % of Voted Shares | 80.0386 | 19.9614 |
| Result | Accepted | |
Please refer attachment below.
Announcement Info
| Company Name | IQ GROUP HOLDINGS BERHAD |
| Stock Name | IQGROUP |
| Date Announced | 29 Aug 2024 |
| Category | General Meeting |
| Reference Number | GMA-29082024-00009 |
| Corporate Action ID | MY240829MEET0009 |